Institut Jantung Negara Sdn Bhd (IJN) plans to expand its reach by setting up cardiac centers outside Kuala Lumpur to improve healthcare access. IJN, which is also known as The National Heart Institute, will also be expanding its existing medical facility in Jalan Tun...
Malaysia’s Bursa Carbon Exchange (BCX) is the world’s first carbon trading exchange, which encompasses standardized carbon credit products to be traded on the platform. It fosters Malaysian companies to exchange carbon credits from climate-friendly...
The global Islamic finance industry has total assets worth USD 4 trillion in 2021, which is expected to jump to USD 5.9 trillion by 2026. Malaysia has been the frontrunner in the Islamic finance industry, having secured the first position in the global Islamic Finance...
In December 2022, Nano Malaysia Berhad (NMB) launched an initiative – Biomass Innovation Circular Economy Program (BICEP). The program is geared towards building sustainable agriculture by producing materials from waste biomass materials. BICEP aligns with...
Kale Logistics Solutions (Kale) and Dagang Berhad, through wholly owned subsidiary Dagang Net Technologies Sdn Bhd, have signed a partnership agreement to introduce the Airport Cargo Community System (ACS) platform in Malaysia. The collaboration will facilitate...
The SPC Group, a South Korean-based company that owns the international bakery chain Paris Baguette, will invest MYR 130 million (USD 28 million) in Malaysia to create its first halal food manufacturing center. It will be the group’s first production facility in...
In an effort to establish itself as a regional hub for the developing industry, Malaysia has announced the implementation of tax incentives for carbon capture and storage (CCS). The tax incentives are a part of Malaysia’s annual budget plan, Budget 2023, with...
Shell PLC announced its second investment in Malaysia’s oil and gas sector within a month through its local unit, Sabah Shell Petroleum Co, in the phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore development project. Shell will be joining...
Malaysia’s Ministry of Defense announced that the Italian company Leonardo was chosen by the government as its preferred supplier for a maritime patrol aircraft program (MPA). The government has agreed to procure two MPAs from the company. Defense Minister...
Malaysia’s digital economy increased by 13% year over year in 2022, reaching a gross merchandise value of USD 21 billion (GMV), mostly contributed by the rise of e-commerce and the rebound of online travel. Malaysia’s GMV is anticipated to rank fourth in...
Leading coffee chain brands like Starbucks Coffee, Coffee Bean & Tea Leaf, and Kenangan Coffee will be expanding in Malaysia by 2023 due to a flurry of investments from both domestic and foreign brands. Statista has predicted that the Malaysian coffee market will...
Greater Kuala Lumpur will serve as the Southeast Asia hub for Allm Inc, a provider of digital healthcare services with headquarters in Japan. Using its Join telemedicine platform, which is new to local medical experts, the company seeks to create a stroke network...
